BK stock: buy or sell?

BK stock price: $41.60 -3.55% At close on February 25th, 2020

Updated on:
February 25th, 2020

2

Bank Of New York Mellon plummed a terrifying -3.55% and closed at $41.60. Tuesday was the 4th red session in a row, sliding in full a -9.54%.

The Bank of New York Mellon Corporation provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally.

Should I buy BK stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Bank Of New York Mellon stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BK will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Bank Of New York Mellon stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for BK stock for the last 30 days.

BK stock analysis

Daily outlook

Bank Of New York Mellon plummed a terrifying -3.55% and closed at $41.60.

Shares of Bank Of New York Mellon ended today at $41.60 and plummed a terrifying -3.55%. Since SMA100d and SMA200d crossed up on December, BK price slid a -16.55%.

BK stock chart (daily)

Weekly outlook

Bank Of New York Mellon shares plunged -7.64% this week, ending at $41.60. For 3 weeks in a row, price slid and lost a -12.62%. Early February BK rocketed a great 5.23% in just one week.

After undercutting the previous support, we should expect price will slide down to find new supports. A possible supports for BK might be at . Since price and 40-weeks moving average lines crossed down last week, BK fell $-4.30 per share (-9.37%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20w and SMA40w crossed up late December 2019, BK price slid a -17.30%.

BK stock chart (weekly)

BK stock price history

BK stock historical price chart

BK stock reached 52-week highs on March at $52.89, and all-time highs 2018-01-16 with a price of 56.06.

BK stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' BK stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Bank Of New York Mellon stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, Bank Of New York Mellon . Unfortunately, reported EPS is not yet available in our database.
BK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.89n/a
2017-Q32017-10-190.920.942.2%
2017-Q42018-01-180.910.910.0%
2018-Q12018-04-190.971.113.4%
2018-Q22018-07-191.031.030.0%
2018-Q32018-10-181.041.061.9%
2018-Q42019-01-160.920.997.6%
2019-Q12019-04-170.98n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Bank Of New York Mellon annual revenues soared a decent 5.70% to $15,986.00 million USD from $15,124.00 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) remained stable a -0.36% to 26.69%.

Bank Of New York Mellon fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Bank Of New York Mellon TTM sales up to March 2019 were $15,722.00 and earnings $4,041.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Bank Of New York Mellon business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, declined a bad -1.65%. However, profit margin (net income/sales) stayed stable at 26.69%.

BK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$15,264 M-$2,567 M16.8%-
2015$14,813 M-2.95%$3,158 M21.3%23.02%
2016$14,832 M0.13%$3,547 M23.9%12.32%
2017$15,124 M1.97%$4,090 M27.0%15.31%
2018$15,986 M5.70%$4,266 M26.7%4.30%
TTM $15,722 M-1.65%$4,041 M25.7%-5.27%

Quarterly financial results

Bank Of New York Mellon posted $3,808.00 million in revenues for 2019-Q1, a -2.66% decline compared to previous quarter. Reported quarter earnings marked $946.00 M with a profit margin of 24.84%. Profit margin raised a 2.32% compared to previous quarter when profit margin was 22.52%. When comparing sales to same quarter last year, Bank Of New York Mellon sales marked a rough loss and fell a -6.48%. Looking back to recent quarterly results, Bank Of New York Mellon posted 4 positive quarters in a row.
BK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q4$3,622 M-$1,175 M32.4%-
2018-Q1$4,072 M12.42%$1,171 M28.8%-0.34%
2018-Q2$4,032 M-0.98%$1,103 M27.4%-5.81%
2018-Q3$3,970 M-1.54%$1,111 M28.0%0.73%
2018-Q4$3,912 M-1.46%$881 M22.5%-20.70%
2019-Q1$3,808 M-2.66%$946 M24.8%7.38%

Bank Of New York Mellon ownership

When you are planning to invest in shares of a company, it's always worth to overview its ownership structure.

Bank Of New York Mellon shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of Bank Of New York Mellon stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BK stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Bank Of New York Mellon:

BK
Market cap$38.4 B
Total shares922.2 M
Float shares898.9 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

BK summary

Tuesday, February 25th, 2020
Open$43.21
Close$41.60
Day range$41.33 - $43.42
Previous close$43.13
Session gain-3.55%
Average true range$0.96
50d mov avg$47.85
100d mov avg$47.25
200d mov avg$45.52
Daily patternlt01c
Weekly pattern lt02c

Bank Of New York Mellon performance

To better understand Bank Of New York Mellon performance you must becnhmark its gains with other related stocks in same sector or industry. For Bank Of New York Mellon, the benchmark is made against .
Stock3m6m12m
BKBank Of New York ...-14.49%0.24%-18.99%

Bank Of New York Mellon competitors

Unfortunately, we could not find any public company that could be defined as Bank Of New York Mellon competitor. This doesn't mean Bank Of New York Mellon does not have any competitor in the market, it's just we could not detected it.

    Latest BK stock news